Students’ union teaching people about financial literacy

A GROUP of East Sepik tertiary students are conducting financial literacy programmes for rural communities.
They are supported by the provincial government and the National Development Bank (NDB).
Kubalia Tertiary Students Union spokesman Alexius Sengi said they wanted to help people gain knowledge on how to start small businesses.
“Most people in the rural areas still do not have access to financial information,” he said.
“Because of that, they also do not know that there are money available in banks that they could borrow and start up small businesses.”
Sengi, who is the public relations officer, and three of his colleagues, union president Newman Singu and union members Mirriam Trangui and Simon Woriwori, are providing vital training to the businessmen and women in the district.
Singu said the union was made up of all Kubalia students from tertiary institutions nationwide.
“The union was formed four years ago and is registered with the Investment Promotion Authority where every Christmas break, we carry out awareness programmes on human resources development,” he said.
He said the union noticed that people lacked the knowledge and skills to start businesses and thus the launching of training programmes.
“Another reason is also to help our fellow students who failed to complete their tertiary education due to issues with school fees.”